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Here I would go for the PRINCE2 product breakdown, but the use of multiple layers will definitely work.

If the project is too big you can use the concept of multiple layers of the One-Page Project Manager by using a task breakdown. I would propose to use project manager and team manager for these roles en leave the owner for the executive or project owner (he/she who is judging if it’s still worthwhile to finish the project). In this book the project manager (sometimes called executive or lead manager) and those who are responsible for specific tasks are called owner.

If you communicate to your executive that tangible products are reviewed on behalf of senior user or senior supplier and they approved that these products are according to agreed quality criteria you have a great story. I would replace this with products or key deliverables. For those who are using PRINCE2 some remarks to make their life easier. Very easy to follow and the book give you several key concepts and tips for project management related to the steps you have to take to fill in the One-Page Project Manager. The book guides you through twelve steps to construct the One-Page Project Manager including examples for every individual step. The One-Page Project Manager consists of five essential parts: Tasks (the how), Objectives (the what and the why), Timeline: the when, Cost (the how much) and the Owners (the who). And guess what, this is exactly the same I am using in my book ‘PRINCE2 in Practice, A practical approach to create project management documents (how to avoid bulky, inaccessible, standalone, and illegible documents).

They just cannot read all of a multi-page report instead, they look for key indicators and the most vital information. The philosophy behind this book is the fact that senior managers usually only have time to read the highlights. It explains very thoroughly how to set-up and use a single page to communicate progress and issues to senior management (up), your project team (down) and your peers (out). Just finished reading the One-Page Project Manager from Clark Campbell.